PGNiG Eyes $1B Vattenfall Polish Assets

Polish gas company,Polskie Gornictwo Naftowe i Gazownictwo(PGNiG), is planning to place an offer forVattenfall’s Warsaw heat and power assets,Bloombergreports. PGNiG values the Swedish power company’s assets at $978 million to $1.12 billion.

The Warsaw-based company also seeks to acquire Warsaw’s heating network operator,SPEC, for $261 million to $352.7 million. PGNiG has also showed interest in a $105 million to $141 million purchase of hydropower plantZEW Nidzica.

Click here for the story fromBloomberg.